$195.01M
Revenue
$6.91M
Net Income
-
Gross Margin
-
Op. Margin
$184.33M
Free Cash Flow
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
|---|---|---|---|---|---|---|---|
| Total Revenue | $195.01M | $195.01M | $162.78M | $131.91M | $96.28M | $59.14M | $33.73M |
| Revenue Growth % | 0.0% | 19.8% | 23.4% | 37.0% | 62.8% | 75.3% | nan% |
| Operating Expenses | $144.80M | $144.80M | $144.34M | $107.81M | $82.78M | $55.66M | $35.23M |
| Interest Expense | $77.28M | $51.30M | $30.32M | $19.06M | $9.18M | $3.70M | $4.74M |
| Other Income/Expense | $444.00K | $444.00K | $-1.94M | $752.00K | $131.00K | $431.00K | $-10.00K |
| Income Before Tax | $6.99M | $6.99M | $-11.95M | $6.84M | $8.60M | $3.21M | $212.00K |
| Income Tax Expense | $54.00K | $54.00K | $49.00K | $-49.00K | $396.00K | $59.00K | - |
| Net Income | $6.91M | $6.94M | $-12.00M | $6.89M | $8.21M | $3.15M | $212.00K |
| Net Margin % | 3.5% | 3.6% | -7.4% | 5.2% | 8.5% | 5.3% | 0.6% |
| Basic EPS | 0.08 | 0.08 | -0.16 | 0.11 | 0.16 | 0.08 | 0.04 |
| Diluted EPS | 0.08 | 0.08 | -0.16 | 0.11 | 0.16 | 0.08 | 0.01 |
| Basic Shares Outstanding | - | 82.7M | 76.5M | 63.9M | 49.5M | 37.0M | 17.3M |
| Diluted Shares Outstanding | - | 84.2M | 76.5M | 64.7M | 50.4M | 38.7M | 21.2M |
| Breakdown | FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
|---|---|---|---|---|---|---|
| Accounts Receivable | $9.68M | $9.81M | - | - | - | - |
| Intangible Assets | $173.44M | $164.39M | $161.35M | $151.01M | $124.77M | $75.02M |
| Total Assets | $2.61B | $2.26B | $1.95B | $1.61B | $1.07B | $725.82M |
| Long-term Debt | $1.10B | $868.26M | - | - | - | - |
| Total Liabilities | $1.16B | $921.21M | $672.80M | $547.27M | $278.63M | $197.74M |
| Common Stock | $931.00K | $816.00K | $732.00K | $580.00K | $442.00K | $282.00K |
| Retained Earnings | $-251.93M | $-188.05M | $-112.28M | $-66.94M | $-35.12M | $-7.46M |
| Total Stockholders Equity | $1.45B | $1.33B | $1.26B | $1.05B | $779.17M | $494.10M |
| Total Liabilities & Equity | $2.61B | $2.26B | $1.95B | $1.61B | $1.07B | $725.82M |
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
|---|---|---|---|---|---|---|---|
| Net Income | $8.60M | $6.94M | $-12.00M | $6.89M | $8.21M | $3.15M | $212.00K |
| Depreciation & Amortization | $149.73M | $86.38M | $76.87M | $63.68M | $50.08M | $30.81M | $15.46M |
| Stock-based Compensation | $10.20M | $5.90M | $5.66M | $4.82M | $4.76M | $3.70M | $2.45M |
| Operating Cash Flow | $184.33M | $109.51M | $90.16M | $80.16M | $50.65M | $31.48M | $12.75M |
| Acquisitions | - | - | - | - | - | - | - |
| Investing Cash Flow | $-593.86M | $-448.84M | $-432.88M | $-451.95M | $-468.36M | $-430.13M | $-362.13M |
| Stock Issued | - | $188.34M | $135.47M | $271.39M | $277.72M | $283.14M | $227.30M |
| Stock Repurchased | $1.97M | $753.00K | $1.50M | $688.00K | $1.48M | $504.00K | $137.00K |
| Dividends Paid | $121.70M | $70.23M | $63.46M | $51.67M | $39.53M | $30.20M | $8.06M |
| Financing Cash Flow | $414.98M | $339.48M | $327.10M | $331.18M | $480.65M | $313.61M | $272.71M |
| Net Change in Cash | $5.45M | $147.00K | $-15.61M | $-40.61M | $62.94M | $-85.04M | $-76.68M |
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing
Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Total Revenue | $48.31M | - | $142.50M | - |
| Operating Expenses | $36.33M | - | $106.85M | - |
| Interest Expense | $12.64M | - | $31.89M | - |
| Other Income/Expense | $170.00K | - | $46.00K | - |
| Income Before Tax | $633.00K | - | $5.65M | - |
| Income Tax Expense | $12.00K | - | $41.00K | - |
| Net Income | $618.00K | $-2.31M | $5.58M | - |
| Basic EPS | 0.01 | - | 0.07 | - |
| Diluted EPS | 0.01 | - | 0.07 | - |
| Basic Shares Outstanding | $83.47M | - | $82.34M | - |
| Diluted Shares Outstanding | $85.64M | - | $83.43M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Intangible Assets | $157.67M | $164.39M |
| Total Assets | $2.47B | $2.26B |
| Total Liabilities | $1.16B | $921.21M |
| Common Stock | $835.00K | $816.00K |
| Retained Earnings | $-235.10M | $-188.05M |
| Total Stockholders Equity | $1.30B | $1.33B |
| Total Liabilities & Equity | $2.47B | $2.26B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $618.00K | $-2.31M | $5.58M | - |
| Depreciation & Amortization | - | - | $63.82M | - |
| Stock-based Compensation | - | - | $4.39M | - |
| Operating Cash Flow | - | - | $80.70M | - |
| Investing Cash Flow | - | - | $-239.51M | - |
| Stock Issued | - | - | $28.35M | - |
| Stock Repurchased | - | - | $743.00K | - |
| Dividends Paid | - | - | $52.26M | - |
| Financing Cash Flow | - | - | $197.81M | - |
| Net Change in Cash | - | - | $39.00M | - |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.
Annual data represents full fiscal year results. FY = Fiscal Year ending.